This is my take.. current valuation is based upon travel returning in 12 - 18 months.
However this is how I think it will play out.
Between now and one month: In Victoria we will see cases drop as the mask law has come into place. This will bring relief a it will be know we can have it under control. Border restrictions will lift. Domestic travel will open up.
Between now and end of year: Travel between New Zealand and Australia will open up. Travel agencies that have a toe in both countries will be winners here.
Start of next year: International students will be allowed entry. This will also open the door for other international travel. Japan will be a likely destination as they have stated they will open their doors first to Australia and New Zealand.
Around that time managed travel will be big. possible vaccines/ remedies, and if not there will be preventative measures put in place for travel. Best case aside from vaccine is faster test turn around time but that and vaccine would be hopium. I'm betting more so on just preventative measures that have shown that they work.
Haven't looked past that far as of yet.
WEB Price at posting:
$3.08 Sentiment: Hold Disclosure: Held
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